This all depends on the development that the townhome is in. If it has an HOA it may cover anything from ground maintenance and roof to pool, water, utilities, utiliies, exterior paint, etc. The HOA documents would need to be reviewed for each townhome,
When you say 'half', you may be referring to a duplex, especially in the Wash Park area. A stand alone duplex is different. There often is no HOA and nothing is covered. You would be responsible for grounds maintenance, roof, water and all thigs as if it were a detached single family home. One thing to consider is that there is often a shared water bill. Often one person receives the bill and the other party pays them half. This seems to work out well in a lot of cases; but depending on your neighbor it can be an issue. If you have hired a Buyer's Agent already, they can guide you through this. If not feel free to contact me or one of the other highly qualified brokers who have responded.
Robert McGuire ASR
Your Castle Real Estate
3900 E. Mexico Ave. #1350
Denver, CO 80210
All good answers on the things typically covered by a HOA and how you can buy half of a duplex. There is another potential option to buy fractional ownership which are how many mountain and vacation homes are sold. This doesn't seem like the option for most of Wash Park, but it may be someone looking to snowbird to AZ or FL for the winter. I would need more info to get you to the final answer.
Let me know if you are speaking of fractional ownership and I will direct you to the correct resource.
Good luck in your search and welcome to Denver!
Your Castle Real Estate
Since you ask if you can buy half, I am guessing that you are looking at a duplex, or an attached home. These properties often have a party wall agreement that defines the rights and obligations of ownership for both sides of the common wall. There may be agreements for maintaining the grounds and roof, but often there is not. Genereally it is easy to divide the yard maintenance as you would own the half of the land that your half of the duplex sits on. The parties have to agree on things like replacing the roof and exterior painting.
On a true townhome, usually there are covenants, conditions and restrictions that are created when the townhomes are built, and those govern all of the homeowners. Here is an article that might help answer your questons about the ownership of townhomes. http://ltgc.com/files/technicalbulletins_customers/condomini
Hope that helps. If you have more questions, please do not hesitate to contact me directly.
It is also important to note, and please ask your broker for guidance and be VERY clear with your mortgage lender about how the ownership regime could impact 1) your ability to get a loan and 2) any change in the type of loan you can use.
It is crticial to ask these questions through your own Broker and to request via your offer AND then read all documents, do not rely on verbal information or on an agent treating you as a customer (not your "Broker").
I often even accompany my clients to the county offices if they feel they need to do further digging to satisfy any questions. All Best, Nicci Hyatt
Kayla Okafor, MBA
Denver Real Estate Connection